Complicit [[electronic resource] ] : how greed and collusion made the credit crisis unstoppable / / Mark Gilbert

• Autore: Gilbert Mark
• Pubblicazione: New York, : Bloomberg Press, 2010
• Edizione: 1st ed.
• Descrizione fisica: 1 online resource (194 p.)
• Disciplina: 330.90511; 332.1; 332.1/7530973; 332.17530973
• Soggetto topico: Subprime mortgage loans - United States; Credit - United States; Financial crises - United States; Mortgage banks - United States
• Note generali: Includes index.
• Nota di contenuto: Bubbles are for bathtubs. The real estate boom -- Unsafe at any rating. CDOs and the companies that judged them -- Priced for perfection. the financial gene pool economic Darwinism couldn't improve -- Bubbles, bubbles everywhere. Global liquidity's search for a profitable home -- Judgment or luck. The profits banks couldn't understand-or protect against -- Knight in rusty armor. An ill-advised rescue helps show banks just how much value their collateralized debt has lost -- The noose tightens. Frozen money markets confound central bankers, hurt consumers, and drive imploding investments back onto bankers' books -- Central banks, unbalanced. Caught off guard, the financial authorities make up the rules as they go along -- Et tu, money markets and municipals? The crunch catches vanilla investments -- Giants fall. The credit crisis reaches its climax -- Conclusions and policy prescriptions.
• Sommario/riassunto: "Reporter and editor Mark Gilbert plumbs the origins of the sub-prime debt crisis, tracing it back to 'a silent conspiracy of the well rewarded' in banking, real estate, trading, insurance, investing, politics, regulation, credit rating, law, and economic theory"--Provided by publisher.
• Titolo autorizzato: Complicit
• ISBN: 0-470-88551-3; 1-282-68395-0; 9786612683954; 0-470-88350-2
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910791375903321
• Lo trovi qui: Univ. Federico II
• Serie: Bloomberg